Andlauer Healthcare Group Inc. (TSE:AND) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Andlauer Healthcare Group Inc. (TSE:AND) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$50.64.

AND has been the topic of several recent analyst reports. TD Securities boosted their target price on shares of Andlauer Healthcare Group from C$51.00 to C$52.00 and gave the company a “buy” rating in a research note on Thursday, March 7th. CIBC boosted their target price on shares of Andlauer Healthcare Group from C$50.00 to C$52.00 and gave the company an “outperform” rating in a research note on Thursday, March 7th. Scotiabank upped their price target on shares of Andlauer Healthcare Group from C$45.00 to C$47.50 and gave the stock a “sector perform” rating in a research note on Thursday, March 7th. Eight Capital dropped their price target on shares of Andlauer Healthcare Group from C$62.00 to C$58.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Finally, Royal Bank of Canada upped their price target on shares of Andlauer Healthcare Group from C$41.00 to C$43.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 7th.

Andlauer Healthcare Group Price Performance

Shares of TSE:AND opened at C$42.15 on Friday. Andlauer Healthcare Group has a one year low of C$36.76 and a one year high of C$52.55. The stock has a fifty day moving average of C$41.38 and a 200-day moving average of C$40.30. The company has a market capitalization of C$821.08 million, a PE ratio of 27.19 and a beta of 0.69. The company has a debt-to-equity ratio of 27.24, a quick ratio of 1.66 and a current ratio of 2.52.

Andlauer Healthcare Group (TSE:AND) last announced its earnings results on Tuesday, March 5th. The company reported C$0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.49 by C($0.05). Andlauer Healthcare Group had a net margin of 10.21% and a return on equity of 14.53%. The firm had revenue of C$169.07 million for the quarter, compared to analyst estimates of C$165.00 million. As a group, equities analysts anticipate that Andlauer Healthcare Group will post 1.8453564 EPS for the current fiscal year.

Andlauer Healthcare Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Thursday, March 28th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.95%. This is an increase from Andlauer Healthcare Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Wednesday, March 27th. Andlauer Healthcare Group’s dividend payout ratio is presently 23.23%.

Andlauer Healthcare Group Company Profile

Andlauer Healthcare Group Inc, a supply chain management company, provides a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector in Canada and the United States. The company operates in two segments, Specialized Transportation and Healthcare Logistics.